The crossover point is that production quantity where total costs for one process equal total costs for another process. Hence, option D is correct.
<h3>What is crossover point?</h3>
Financial independence is secured when investment income exceeds regular income. In financial jargon, this is known as the "cross over point."
When the production expenses for one product are the same as those for another product, there is an added benefit to selling any product because the cost is the same and the income will be higher from each unit, independent of the number of units sold.
Thus, option D is correct.
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All options are missing firm the question-
a. variable costs of one process equal the variable costs of another process.
b. fixed costs of a process are equal to its variable costs.
c. total costs equal total revenues for a process.
d. total costs for one process equal total costs for another process.
e. the process no longer loses money.
Answer:
See below
Explanation:
Balance sheet as of December 31, 2022.
Current assets
Account receivable $2,000
Cash $6,280
Supplies $3,790
Total $12,070
Fixed assets
Equipment net $110,300
Inventory $2,810
Total $113,110
Total assets = $12,070 + $113,110 = $125,180
Current liabilities
Accounts payable $3,900
Interest payable $500
Salaries and wages payable $740
Notes payable $32,500
Total $37,640
Financed by;
Common Stock $52,500
Total liabilities + Common stock
= $37,640 + $52,500
= $90,140
D. They are skills that employers in all lines of work are looking for.
Answer:
$2,010
Explanation:
The future value of the savings account in 6 years can be computed using the below future value formula:
FV=PV*(1+r)^n
FV=unknown future amount
PV=current worth of the savings account=$1,200
r=annual interest rate=5%
n=number of years envisaged=6
FV=$1,500*(1+5%)^6
FV=$1,500*(1.05)^6
FV=$1,500*1.3400956
FV=$2,010
